Category Archives: Financial Inclusion

Providing cover for the under-insured mass markets in Africa

Originally posted on Daily Fintech:
By Rick Huckstep Africa! A continent that occupies one fifth of the world’s land mass and home to over 1 billion people, half of them under the age of 20. A continent of 54 sovereign…

Providing cover for the under-insured mass markets in Africa

Originally posted on Daily Fintech:
By Rick Huckstep Africa! A continent that occupies one fifth of the world’s land mass and home to over 1 billion people, half of them under the age of 20. A continent of 54 sovereign…

By the Numbers: Benchmarking Progress Toward Financial Inclusion

Originally posted on Center for Financial Inclusion Blog:
> Posted by Center Staff Can the world achieve full financial inclusion by 2020? By the Numbers: Benchmarking Progress Toward Financial Inclusion, a new Financial Inclusion 2020 (FI2020) publication from CFI, offers…

By the Numbers: Benchmarking Progress Toward Financial Inclusion

Originally posted on Center for Financial Inclusion Blog:
> Posted by Center Staff Can the world achieve full financial inclusion by 2020? By the Numbers: Benchmarking Progress Toward Financial Inclusion, a new Financial Inclusion 2020 (FI2020) publication from CFI, offers…

How Fintech Can Disrupt Africa’s Cash-Based Economy

Eighty percent of Africans don’t have a bank account – let alone a credit card – but they have a phone, and for most that will soon be a smartphone. The lack of legacy means Africa is a greenfield opportunity for fintech.

How Fintech Can Disrupt Africa’s Cash-Based Economy

Eighty percent of Africans don’t have a bank account – let alone a credit card – but they have a phone, and for most that will soon be a smartphone. The lack of legacy means Africa is a greenfield opportunity for fintech.

World Bank reports massive drop in number of unbanked

From 2011 and 2014, 700 million people became account holders at banks, other financial institutions, or mobile money service providers, and the number of unbanked individuals dropped 20 percent to 2 billion adults, according to the 2014 Global Findex released this week.

World Bank reports massive drop in number of unbanked

From 2011 and 2014, 700 million people became account holders at banks, other financial institutions, or mobile money service providers, and the number of unbanked individuals dropped 20 percent to 2 billion adults, according to the 2014 Global Findex released this week.

Key step in P2P lending to transform the banking system

Citi will use the LendingCLub’s platform to supply up to $150 milion to “underserved” borrowers that its branch network is unable to reach. It is a key step in the attempt by the peer-to-peer lender to “transform” the banking system.

Key step in P2P lending to transform the banking system

Citi will use the LendingCLub’s platform to supply up to $150 milion to “underserved” borrowers that its branch network is unable to reach. It is a key step in the attempt by the peer-to-peer lender to “transform” the banking system.

Is Facebook’s new payment service a game changer?

The new P2P payment service Facebook offers will certainly give a total different user experience in payments, however it is not a game changer. The underpinning infrastructure is still the one owned by traditional players, like banks and credit card companies.

Is Facebook’s new payment service a game changer?

The new P2P payment service Facebook offers will certainly give a total different user experience in payments, however it is not a game changer. The underpinning infrastructure is still the one owned by traditional players, like banks and credit card companies.

You’ve heard of micro loans, but how about microsavings?

In a pilot program to start later this year, Des Moines, Iowa-based Social Money is looking to help underserved customers in India save money with the use of its CorePro core banking software. I was wondering what could Bitcoin/Blockchain technologie do for the savings of the financially underserved?

You’ve heard of micro loans, but how about microsavings?

In a pilot program to start later this year, Des Moines, Iowa-based Social Money is looking to help underserved customers in India save money with the use of its CorePro core banking software. I was wondering what could Bitcoin/Blockchain technologie do for the savings of the financially underserved?